1563 Bathurst Street, Toronto, ON M5P 3H8
Toronto C03, ON, M5P 3H8 · Forest Hill South
About this property
Exceptional development opportunity in prime Forest Hill South. Approved severance and minor variances in place for the creation of four residential lots, each intended for three-storey semi-detached dwellings. Approvals are subject to conditions, including servicing and municipal requirements. Proposed lots offer efficient frontage and density, with approved relief for increased floor space index, reduced setbacks, and enhanced building envelopes.The property is currently fully tenanted, generating approximately $8,000/month in rental income, providing interim holding income during the development and permitting process.Property is being sold as-is with tenants. Buyer to verify all information and conduct their own due diligence regarding development potential and fulfillment of approval conditions.
Features & Amenities
- Basement: Finished, Separate Entrance
- Garage: Attached
- Cooling: Central Air
- Heat Type: Water
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2-Storey |
| Bedrooms | 8 |
| Bathrooms | 4 |
| Basement | Finished, Separate Entrance |
| Garage | Attached |
| Parking Spaces | 2 |
| Heat Type | Water |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $10,429 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Meter
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick
- Foundation Details
- Unknown
- Roof
- Asphalt Shingle
- Basement
- Finished, Separate Entrance
Heating & Cooling
- Heat Type
- Water
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 4.00
- Parking Features
- Front Yard Parking
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 104.09
- Lot Width
- 60.00
Financial & Tax
- Tax Annual Amount
- $10,429
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBD
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 6
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- Bathurst And St. Clair
- Directions
- Lonsdale Rd, East of Bathurst St
- Special Designation
- Unknown
- Showing Requirements
- Go Direct
Location
1563 Bathurst Street, Toronto, ON M5P 3H8, Toronto C03, ON, M5P 3H8